Japan's 10-Year Bond Yield Nears 3% for First Time in Decades
Japan's 10-year bond yield hits 2.945%, highest since 1996, as inflation and fiscal worries mount.
Economy
Trump's Second Term Strains the US-South Korea Alliance
President Trump's policies on drills, defence costs, and trade are reshaping the US-South Korea alliance.
China Bids Farewell to Zhu Rongji, Architect of Economic Reforms
China cremated former Premier Zhu Rongji with full honors, as citizens weighed his transformative but painful economic legacy.
Shanghai Sets Global Benchmark With 8,000-Tonne Green Methanol Refueling
A CMA CGM container ship refueled with 8,000 tonnes of green methanol in Shanghai, setting a new single-operation global record.
Rand Slips as Middle East Tensions Rattle Global Markets
The rand fell 0.3% against the dollar as Middle East tensions boosted the greenback and oil prices, while investors await domestic inflation data.
UK labour market cools as wage growth eases and vacancies hit five-year low
UK labour market shows further cooling in Q2: private sector wage growth slows to 2.8%, vacancies drop to lowest since 2021, unemployment steady at 4.9%.
Oil markets brace for prolonged Hormuz disruption as diplomacy stalls
Crude prices stabilize near $90 as markets digest a prolonged Hormuz crisis, opaque supply flows, and shrinking fuel inventories.
Indonesia's 2027 Budget Proposal: Spending Up 4%, Deficit at 2.4% of GDP
Indonesia's 2027 budget proposal raises spending to 4,097.2 trillion rupiah, with a 2.4% deficit and a 6% growth target.
Malaysia weighs new consumption tax model to replace SST
Malaysia may merge GST and SST into a progressive consumption tax; budget due Oct 9.
Global bond selloff deepens as Middle East tensions spike oil prices
Long-dated government bond yields hit multi-decade highs as Middle East tensions and rising oil prices stoke inflation fears, pressuring global equities.
Indonesia's planned commodity exchange to feature palm oil, nickel, coal
Indonesia's planned commodity exchange will likely include palm oil, nickel and coal, a presidential spokesperson said, as the government prepares for a January launch.
US and Canada Race to Avert New Tariffs as Deadline Looms
Negotiators scramble to find a truce before 50% US tariffs on $20 billion of Canadian goods take effect Wednesday.
Zambia's Hichilema Secures Second Term as Opposition Surges on Cost-of-Living Anger
Hichilema wins re-election with 60% of votes, but opposition's strong 38% showing signals public discontent over cost-of-living pressures.
Iran warns of offensive in Strait of Hormuz as US rules out ceasefire extension
Iran threatens offensive action in the Strait of Hormuz, Canada faces 50% US tariffs, and Trump's approval rating drops to 33%.
US Treasury yields climb as investors weigh Iran tensions
US Treasury yields rose Monday as investors weighed Iran's offensive posture against a light economic calendar and upcoming Fed minutes.
US Saw $133.5 Billion Net Capital Inflow in June, Treasury Data Shows
Net capital inflows into the US reached $133.5 billion in June, driven by private investment and strong equity purchases.
IMF Team to Visit Senegal for Talks on New Lending Program
IMF staff will visit Senegal from Aug 19 to Sept 1 to discuss a new lending arrangement, following progress on resolving a debt disclosure issue.
Oil jumps over 2% as Iran standoff deepens, Hormuz shipping stalls
Oil settled up over $2 on Monday as diplomatic efforts to end the Iran war stalled and shipping through the Strait of Hormuz slowed sharply.
Oil climbs $2 as Iran standoff deepens, Hormuz shipping stalls
Oil jumped over $2 on Monday as US-Iran talks stalled, Hormuz transits slowed, and ADNOC sold spot crude to Asia.
UN presses US and Iran to return to talks as 60-day deadline nears
The UN urges Washington and Tehran to resume talks as a 60-day deadline approaches, while Iran and Oman work on a Hormuz shipping plan.